MPN is borrower and dependent student specific; a parent PLUS MPN is required for each dependent student.

A second MPN will be required if the previous MPN required an endorser or has otherwise become inactive.

Interest accrual begins: When funds are disbursed
Repayment begins: 60 days after the last scheduled disbursement. The parent borrower may defer repayment while the student on whose behalf the loan has been borrowed is enrolled at least half-time and for an additional six months after the student ceases to be enrolled at least half-time.